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AI English summary of an SEC filing — figures as filed

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News Corp said it has an authorized stock repurchase program of up to $1 billion in the aggregate for its Class A and Class B common stock and intends to buy back shares from time to time, depending on market conditions.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. News Corp said it has an authorized stock repurchase program of up to $1 billion in the aggregate for its Class A and Class B common stock and intends to buy back shares from time to time, depending on market conditions.

  2. The company reported to the ASX on a daily basis that it repurchased 14,192 Class A shares for a total of US$360,987.71 on April 10, 2025, the previous day. The highest price on that day was US$26.02, and the lowest price was US$24.71.

  3. The company reported that it repurchased 21,507,745 Class A shares for a total of US$437,504,695.65 in the period before April 10, 2025. The highest price in this period was US$30.69 on February 19, 2025, and the lowest price was US$14.88 on September 29, 2022.

  4. The company said it has bought Class A and Class B shares worth about US$659,753,763.27 in total consideration paid, out of the $1 billion authorized limit. It said no ASX-listed CDIs will be repurchased under this program.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

US$1 billion Stock Repurchase Program

News Corp said it has an authorized stock repurchase program of up to $1 billion in the aggregate for its Class A and Class B common stock and intends to buy back shares from time to time, depending on market conditions.

Source · Based on the filing body and exhibits

Class A Daily Repurchase Notice: April 10, 2025

The company reported to the ASX on a daily basis that it repurchased 14,192 Class A shares for a total of US$360,987.71 on April 10, 2025, the previous day. The highest price on that day was US$26.02, and the lowest price was US$24.71.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before April 10

The company reported that it repurchased 21,507,745 Class A shares for a total of US$437,504,695.65 in the period before April 10, 2025. The highest price in this period was US$30.69 on February 19, 2025, and the lowest price was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Repurchase Size and Scope of the Program

The company said it has bought Class A and Class B shares worth about US$659,753,763.27 in total consideration paid, out of the $1 billion authorized limit. It said no ASX-listed CDIs will be repurchased under this program.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.